News

China eyes revamped offsets to help fund $140trn climate costs

The revamped China Certified Emission Reduction (CCER) scheme will play a major role in funding China's 2060 net zero goals, said a former governor of the People's Bank of China (PBoC).

Nature-related transition plans among guidance to finance ministers

Finance ministries could require financial institutions to publish 'nature transition alignment plans' and report on their progress, a report by the World Bank suggests.

Video: Nordea's Jacob Michaelsen on the EU Platform Social Taxonomy

Pakistan's HBL bank debuts impact & sustainability report

HBL, the largest commercial bank in Pakistan, has launched its first ever Impact and Sustainability Report, highlighting its 'no new coal' policy, funding for women and cooperation with China to label its green lending.

US regulator requests input on climate risk work

Last chance to enter this year's ESG Data Guide

Time is running out for ESG data providers to submit their entries to this year's ESG Data Guide.

Loan round-up: Element Materials, Frasers Property, Netcompany, Benchmark ... and more

Impact investor receives prestigious honour

An impact investor is to receive an award from the UK's royal family, with the announcement made to coincide with a national celebration of 70 years of the Queen's reign.

BoE's Breeden warns against 'paper decarbonisation'

There is a risk of a failed energy transition if financial institutions do not back up their transition plans with investment to decarbonise heavy-emitting activities, a senior Bank of England official has warned.

Bond round-up: Germany, France, CCB, NAB, Auxmoney, KfW ... and more